Officer Fund Admin

HSBC Holdings plc; Jakarta Pusat; On-site; IDR 279,000,000 - 502,200,000; Full time

Job summary

HSBC is seeking an experienced professional for Securities Services within Corporate and Institutional Banking in Jakarta. The role involves administering Pension/Mutual/Discretionary fund operations, day-to-day fund accounting, NAV calculations, and ensuring timely compliance checks and tax provisions for fund managers and clients.

You will work closely with Global Market, Operations Payment, and Finance teams to maintain high service standards, respond to client inquiries, and uphold

Qualifications

• 6 years relevant experience with Accounting background.
• Understanding of Pension/Mutual/Discretionary fund portfolio valuation and accounting procedures.
• Knowledge in settlement of fixed income and equity securities instruments.

Responsibilities

• Administer Pension/Mutual/Discretionary Fund operations and execute client instructions.
• Day-to-day accounting bookings and valuations yielding NAV at end of day.
• Perform compliance checks for the fund and prepare tax provisions as requested by Fund Managers/clients.
• Provide high-quality client service by maintaining good relationships and responding to enquiries.
• Collaborate with Global Market, Operations Payment, and Finance teams to ensure smooth operations.

Skills

Fund accounting

NAV calculation

Regulatory knowledge

Fixed income settlement

Job description

If you’re looking for a role that will help you stand out at HSBC, take a look at how you can fulfil your potential.

HSBC Corporate and Institutional Banking (CIB) is a markets-led, financing-focused business that provides investment and financial solutions. Within CIB, Securities Services provides robust and reliable solutions that help clients mitigate risk and enhance their business performance. Working with institutional investors, banks, insurance companies, governments, and multinational corporations, this team covers fund administration, global custody, sub-custody and clearing, and corporate trust and loan agency services.

• Administer Pension/Mutual/Discretionary Fund operations include execution of fund manager/client instructions on daily basis,
• Day to day accounting booking and valuations which yield the NAV at the end of the day,
• Compliance checking for the individual fund maintained,
• Prepare tax provision as requested by Fund Managers/client,
• Provide high quality services to clients by maintaining good relationship and responding to enquiries from the clients.

To be successful in this role, you should meet the following requirements:

• 6 years relevant experience with Accounting background
• An understanding of Pension/Mutual/Discretionary fund portfolio valuation and accounting procedure and method
• Knowledge in the settlement of fixed income and equity securities instruments
• Understand the OJK, KSEI, IDX, Tax office, and Market procedures, practices, and regulations
• Understand the role and interaction with Global Market, Operations Payment, and Finance team.

You’ll achieve more at HSBC

HSBC is committed to building a culture where all employees are valued, respected and every opinion counts. We take pride in providing a workplace that fosters professional development, flexible working, and opportunities to grow within an inclusive and diverse environment. We want everyone toachievetheir potential withequalityregardless of gender, ethnicity, disability, religion, age, or any other trait protected by applicable law. If you need any support or have any access requirements, we encourage you to inform us through emailat [e-mail] at the time of your application, so that we can support you through your recruitment journey.